Duncan McGowan
International interest in U.S. property declined sharply in the last year, according to a new report by the National Association of Realtors. Sales of existing homes to foreign buyers declined 9.6%, to $53.3 billion, and the number of sales fell…
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Another agency is upping its forecast for Panama’s economic growth. Panama’s Ministry of Economy and Finance now says Panama’s economic activity will expand by 6% in 2023, up from its previous prediction of 5%. Minister of Economy and Finance Héctor…
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Panama is leading a stronger-than-expected economy in Latin America in 2023, according to the Economic Commission for Latin America and the Caribbean (ECLAC). The U.N. agency recently announced it has raised its regional growth forecast for 2023 to 1.7%, up…
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Panama continues to ramp up its tourism promotions, mining what many see as an untapped gold mine for the economy. Newly released data from Promtur, the Tourism Promotion Fund of Panama, shows the economic impact of tourism continues to grow.…
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